Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to discuss his technical outlook on the gold, silver, and precious metals mining stocks, and reviews the rationale and challenges with some technical theses that we see regarding silver being in a bull flag or GDX being in an inverse head and shoulders pattern. Jordan breaks down some of the key technical nuances of using technical analysis in concert with intermarket analysis and fundamental macroeconomic trends, to determine both the bearish and bullish scenarios.
We wrap up with getting Jordan’s view of the gold versus S&P ratio chart on different timeframes, and that a breakout here would be the key determinant factor for a real bull market in gold, silver, and the precious metals mining stocks.
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